<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
CRESTED CORP.'S 10-Q FOR THE QUARTER ENDED FEBRUARY 29, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<CIK> 0000025657
<NAME> CRESTED CORP.
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAY-31-1996
<PERIOD-START>                             JUN-01-1995
<PERIOD-END>                               FEB-29-1996
<CASH>                                           5,900
<SECURITIES>                                         0
<RECEIVABLES>                                  250,000
<ALLOWANCES>                                         0
<INVENTORY>                                     58,900
<CURRENT-ASSETS>                               314,800
<PP&E>                                       6,157,300
<DEPRECIATION>                               3,418,400
<TOTAL-ASSETS>                               9,427,300
<CURRENT-LIABILITIES>                        2,923,200
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        10,200
<OTHER-SE>                                   1,824,900
<TOTAL-LIABILITY-AND-EQUITY>                 9,427,300
<SALES>                                      1,694,100
<TOTAL-REVENUES>                             2,122,100
<CGS>                                        1,754,300
<TOTAL-COSTS>                                1,754,300
<OTHER-EXPENSES>                             1,135,900
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              44,700
<INCOME-PRETAX>                              (812,800)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (812,800)
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0